Wall Street Points Higher as Chip Demand Powers Futures; Fed Minutes Reveal Split on Rates

Hyperdash News|07/09/2026 12:51 UTCMacro

US stock futures pointed higher into Wednesday's open, led by chipmakers, after data showed record memory sales driven by AI demand. S&P Futures rose +0.33% and Nasdaq Futures gained +1.07%. Gold climbed and Crude edged up as traders parsed Fed minutes and fresh geopolitical headlines.

Scoreboard

• S&P Futures 7,553.75 (+0.33%)
• Euro Stoxx 50 6,261 (+0.91%)
• Nikkei 225 67,744 (+1.38%)
• Gold 4,132 (+1.20%)
• WTI 73.88 (+0.49%)
• US 10Y 4.575% (+1bp)
• DXY 100.9890 (+0.00%)
• Bitcoin 62,505 (+0.76%)
• VIX 16.77 (-0.77%)
• DE 10Y 3.074% (+0bp)

Technology set the tone after a report showed memory sales hit a record on surging AI demand, and Apple signed a multiyear chip supply deal with Broadcom. SK Hynix's debut on US markets underscored the chip-demand theme. Fed minutes showed officials split on the direction of rates, keeping Treasuries in focus, with the US 10Y little changed at 4.575%. Reports that Putin updated Russia's nuclear doctrine were cited as a factor nudging futures and yields. Gold rose +1.20% to 4,132, while Brent gained +0.65% and WTI edged up +0.49%. Bitcoin advanced +0.76%.

Key headlines

• Qatar Halts Plans to Speed Up LNG Production After Tanker Attack
• Memory Sales Hit Record $74.6 Billion as AI Demand Surges
• Apple Signs $30 Billion Multiyear Chip Deal With Broadcom
• Salesforce’s stock may look like a bargain, but that’s just a mirage, analyst says

The takeaway

The split revealed in the Fed minutes matters more than any single data point. Officials divided on the direction of rates leaves the market without a clear policy anchor, and with Treasury yields flat at 4.575%, traders are leaning on the AI-driven chip trade to carry equities higher.

Attention turns to the US cash open, where chipmakers will test the futures' lead after the record memory-sales report and the Apple-Broadcom deal. Traders will watch fallout from the Fed minutes on rate expectations, monitor headlines on Russia's nuclear doctrine, and track AstraZeneca after its heart-drug trial miss. Gold at 4,132 and Brent at 78.53 remain key.

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Frequently asked questions: July 9, 2026

What is happening in the markets today?

US stock futures pointed higher before the open, with S&P Futures up +0.33% and Nasdaq Futures gaining +1.07%, led by chipmakers after a record memory-sales report. Gold rose +1.20% and Bitcoin advanced +0.76%, while the US 10Y held near 4.575% after Fed minutes showed officials split on rates.

Where are US stock futures this morning?

US stock futures were higher ahead of the cash open. S&P Futures rose +0.33% to 7,553.75, Nasdaq Futures gained +1.07% to 29,785.25, and Dow Futures were roughly flat at 52,675.00.

What should investors watch in the markets today?

Investors should watch fallout from Fed minutes showing officials split on rate direction, headlines on Russia's updated nuclear doctrine, and chipmakers after the record memory-sales report and the Apple-Broadcom deal. AstraZeneca is in focus following its heart-drug trial miss, with Gold at 4,132 and Brent at 78.53.

Where can I track live market data across asset classes?

Hyperdash shows real-time prices, charts and positioning for equities like the S&P 500, commodities like Gold and crypto like Bitcoin, all in one dashboard.

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